Weekly Industry News – Anti-Corruption / FCPA & International Trade

Anti-Corruption / FCPA & International Trade – the latest on Alcoa’s bribery probe, SEC proposes new rules and more.

Alcoa Pays $384 Million to Resolve Bahrain-Bribery Probe by Alan Katz Published on Bloomberg.com

Alcoa Inc. (AA), the largest U.S. aluminum producer, agreed to pay $384 million to resolve U.S. criminal and civil probes, after a unit admitted paying tens of millions of dollars in bribes to members of Bahrain’s royal family and officials at a state-owned company to win business… [ Read More ]

Canada Is Aboard the Anti-Corruption Express by WeComply, a Thomson Reuters Business Published on jdsupra.com

For many years, the Organization for Economic Cooperation and Development (OECD) considered Canada a laggard when it came to anti-corruption enforcement. However, in a recent speech, Canadian Foreign Affairs Minister John Baird stated that Canada is “redoubling” its fight against bribery and corruption. “Canadian companies can compete with the best and win fairly,” Baird said… [ Read More ]

SEC Proposes Rules to Facilitate Small Business Financing by Albert Lung & David Sirignano Published on jdsupra.com

On December 18, 2013, the Securities and Exchange Commission (SEC) proposed rules to enhance access to capital by smaller companies pursuant to its rulemaking mandate under Title IV of the Jumpstart Our Business Startups Act (JOBS Act)… [ Read More ]    

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